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Old 9 September 2010, 01:04 AM   #1
Watchman1957
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I finally have this Holy Grail, home, where it belongs.......













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Old 9 September 2010, 01:07 AM   #2
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Congrats Robert, that's a stunner!

Great photos too!
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Old 9 September 2010, 01:10 AM   #3
Watchman1957
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The complete package included the following:

Original signed warranty libretto
Mahagoni Box description
Box with number LMM41 sticker outside the box
original hang tag
original brass screw driver
brand new shark strap ( original pre V of course )
extra screw and tube set
Invoice copy from Panerai Firenze to the Italian Navy
and the watch with original Pre V strap


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Old 9 September 2010, 01:27 AM   #4
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Wow! What year would that be made?
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Old 9 September 2010, 02:15 AM   #5
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Wow! What year would that be made?
Looks like the papers are dated 1993.
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Old 9 September 2010, 02:00 AM   #6
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Oh







My









God!


Dude, that is the Grail for me as well! Holy S**T

Wear it with pride and passion man!
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Old 9 September 2010, 02:04 AM   #7
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Robert..great pickup...wow...awesome 4liner...
wear that grail in good health...
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Old 9 September 2010, 01:39 PM   #8
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Just beautiful! Congrats on the superb acquisition. Never give malicious envy the time of day!
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Old 9 September 2010, 02:13 AM   #9
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That's reallyreally amazing.

And beyond cool.

And that's coming from a newbie Paneristi.

I rarely "congratulate" people on buying a watch (cuz', I mean, how rare IS a Rolex GMT-IIC? And people are patting each other on the back for "acquiring" one?), but in this case, I think it's warranted. Congrats!
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Old 9 September 2010, 04:42 AM   #10
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That's reallyreally amazing.

And beyond cool.

And that's coming from a newbie Paneristi.

I rarely "congratulate" people on buying a watch (cuz', I mean, how rare IS a Rolex GMT-IIC? And people are patting each other on the back for "acquiring" one?), but in this case, I think it's warranted. Congrats!
x2! congrats!
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Old 27 October 2010, 05:15 PM   #11
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That's reallyreally amazing.

And beyond cool.

And that's coming from a newbie Paneristi.

I rarely "congratulate" people on buying a watch (cuz', I mean, how rare IS a Rolex GMT-IIC? And people are patting each other on the back for "acquiring" one?), but in this case, I think it's warranted. Congrats!
Thanks guys, I am through for a while in collecting as this one set me back a dollar or 2.

The 5218-202/A was made in 1993.

What I love about this watch is the non-matching dial which are few and far between. And as well the paperwork that links this watch directly with this being one of so few that was actually delivered to it's namesake, the Italian Navy's Marina Militare.
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Old 27 October 2010, 07:10 PM   #12
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The 5218-202/A was made in 1993.

What I love about this watch is the non-matching dial...
All 1993 PAM are non-matching, dial was made with trasparent print on dial
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Old 27 October 2010, 07:18 PM   #13
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All 1993 PAM are non-matching, dial was made with trasparent print on dial
Not true, do your homework, officially Firenze says only 25 to 35 dials had the wrong type of varnish put on them.
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Old 27 October 2010, 08:07 PM   #14
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Not true, do your homework, officially Firenze says only 25 to 35 dials had the wrong type of varnish put on them.
... so only 25/35 no matching in the world?
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Old 27 October 2010, 09:01 PM   #15
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Not true, do your homework, officially Firenze says only 25 to 35 dials had the wrong type of varnish put on them.
...Dear friends... homework done...










...And you have right...


Btw, congrat again for you watch
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Old 9 September 2010, 02:14 AM   #16
Watchman1957
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Thanks guys, I am through for a while in collecting as this one set me back a dollar or 2.

The 5218-202/A was made in 1993.

What I love about this watch is the non-matching dial which are few and far between. And as well the paperwork that links this watch directly with this being one of so few that was actually delivered to it's namesake, the Italian Navy's Marina Militare.
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Old 9 September 2010, 02:17 AM   #17
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Wow! Huge congrats.
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Old 9 September 2010, 02:17 AM   #18
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WOW & OMFG - huge congrats!

thats something you dont see everyday!
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Old 9 September 2010, 02:49 AM   #19
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Looks like an old overhyped, overpriced watch to me. I prefer my PAM 00 over that watch any day of the week. Hope you did not spend more than $5K for that sample. Looks like you are now the cat's meow spending more than 30 times the original asking price of $2K.
Now you can keep it in a safe and wait for appreciation. I on the other hand will wear my 00 on a daily business. Glad you got your grail though...especially since Richemont had nothing to do with it! Good luck on its appreciation!
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Old 9 September 2010, 02:59 AM   #20
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Looks like an old overhyped, overpriced watch to me. I prefer my PAM 00 over that watch any day of the week. Hope you did not spend more than $5K for that sample. Looks like you are now the cat's meow spending more than 30 times the original asking price of $2K.
Now you can keep it in a safe and wait for appreciation. I on the other hand will wear my 00 on a daily business. Glad you got your grail though...especially since Richemont had nothing to do with it! Good luck on its appreciation!


Thank you Tommy for all of your kind words. They only made 140 of the 5218-202/A, total. Of the very rare non-matching dials there is supposedly only 30 to 40 non matching dials (no one knows for sure) split up between the 201/A and the 202/A watches. And this particular 202/A is even rarer as it is one of 20 that were officially delivered and owned by the Italian Navy's Marina Miliare unit, now that, Tommy, is real history. True Richemont did not have anthing to do with this watch but due to recently falling profits (3 months ago) at Richemont, I don't doubt they will copy this one as well but that would not chaff me, at least I know I own the original.
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Old 9 September 2010, 06:10 AM   #21
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Thank you Tommy for all of your kind words. They only made 140 of the 5218-202/A, total. Of the very rare non-matching dials there is supposedly only 30 to 40 non matching dials (no one knows for sure) split up between the 201/A and the 202/A watches. And this particular 202/A is even rarer as it is one of 20 that were officially delivered and owned by the Italian Navy's Marina Miliare unit, now that, Tommy, is real history. True Richemont did not have anthing to do with this watch but due to recently falling profits (3 months ago) at Richemont, I don't doubt they will copy this one as well but that would not chaff me, at least I know I own the original.
Actually, I'd really like to thank Tommy for his post. Honestly.

Without his post, I wouldn't have been privy to this information!

ALL. THE. MORE. AMAZING. PURCHASE.(!)
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Old 10 September 2010, 08:14 PM   #22
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NICE!
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Old 24 October 2010, 01:53 AM   #23
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Absolutely stunning.....congrats
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Old 24 October 2010, 12:58 PM   #24
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Also late but very nice Robert. Enjoy that baby with Pride and PASSION.
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Old 24 October 2010, 02:29 PM   #25
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Congratulations! Don't sell it.
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Old 9 September 2010, 01:07 PM   #26
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Quote:
Originally Posted by Watchman1957 View Post
Thank you Tommy for all of your kind words. They only made 140 of the 5218-202/A, total. Of the very rare non-matching dials there is supposedly only 30 to 40 non matching dials (no one knows for sure) split up between the 201/A and the 202/A watches. And this particular 202/A is even rarer as it is one of 20 that were officially delivered and owned by the Italian Navy's Marina Miliare unit, now that, Tommy, is real history. True Richemont did not have anthing to do with this watch but due to recently falling profits (3 months ago) at Richemont, I don't doubt they will copy this one as well but that would not chaff me, at least I know I own the original.
It is still an overpriced watch for what it is. Who cares about the Navy thingy...why pay $60K+ for "history"? It is still a Panerai model that you can buy for $6700 in the new PAM 360 and arguably it has more of an interesting history. I am glad you bought into Richemont's hyping the past. If Richemont did not purchase Panerai...do you honestly think your watch would be worth more than a few thousand? I would say instead of knocking Richemont...you should praise them. If you are so negative on Panerai's future...then I am dumbfounded that you would spend that much money on "hype"....if Panerai goes in the toilet...your new purchase will follow it down the drain.

So be careful for what you wish for! Waiting for your clever reply...I am sure it has to do with Original and history...all things Richemont has mastered in its hype!
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Old 9 September 2010, 01:37 PM   #27
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It is still an overpriced watch for what it is. Who cares about the Navy thingy...why pay $60K+ for "history"? It is still a Panerai model that you can buy for $6700 in the new PAM 360 and arguably it has more of an interesting history. I am glad you bought into Richemont's hyping the past. If Richemont did not purchase Panerai...do you honestly think your watch would be worth more than a few thousand? I would say instead of knocking Richemont...you should praise them. If you are so negative on Panerai's future...then I am dumbfounded that you would spend that much money on "hype"....if Panerai goes in the toilet...your new purchase will follow it down the drain.

So be careful for what you wish for! Waiting for your clever reply...I am sure it has to do with Original and history...all things Richemont has mastered in its hype!
Tommy, I know in the past, here on TRF, you have referred to yourself as a watch collector, so your obvious ignorance as too the true rarity of a non-matching dial and the history it represents, and that it was one a few, that was actullay puchased by and delivered to it's namesake, the Italian Navy's Marina Militare. If you were a real collector you would recognise the true value and what this watch represents and when you post as you do and do not at least acknowledge these rarities truly dumbfounds me. I certainly hope it is not jealousy rearing it's ugly head.
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Old 9 September 2010, 02:46 PM   #28
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Tommy, I know in the past, here on TRF, you have referred to yourself as a watch collector, so your obvious ignorance as too the true rarity of a non-matching dial and the history it represents, and that it was one a few, that was actullay puchased by and delivered to it's namesake, the Italian Navy's Marina Militare. If you were a real collector you would recognise the true value and what this watch represents and when you post as you do and do not at least acknowledge these rarities truly dumbfounds me. I certainly hope it is not jealousy rearing it's ugly head.
All I can say is... whatever goes up...must come down. You will learn that in the future...not now. If you really think buying this watch at $60K + is a good investment at this point...you are fooling yourself. I bought 5 PAM 249's at $6500 and sold them at $13500...that is an investment...all in 2 years. If you think the watch will go up 100% in the next 2 years..then I will be surprised. You my friend..are a "late stage" buyer and will never reap the benefits that you seek. BTW..regardless of all your "history" espousing..it is still a simple watch....that has absolutely nothing to do with Panerai's military history...it is just a 17 year old watch that you and other collectors think is historical. As I said...if Panerai fails as you predict...then you will see it is just another watch in their storied and failed history.

You have a nice watch...no doubt...but not at $60K +

Best of luck to you. I hope I am wrong...that means that all Panerai's will increase in value. Just because I do not buy into the ultra-hype you do over 17 year old watches...does not mean I am not a serious collector. I wear every watch I own and am not afraid of scratching the PVD finish. I thing my idea of investment is different than yours...I use my watches...not like you that likes to keep pieces in your safe...for future value increases.
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Old 9 September 2010, 11:37 PM   #29
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Thank you Tommy for all of your kind words. They only made 140 of the 5218-202/A, total. Of the very rare non-matching dials there is supposedly only 30 to 40 non matching dials (no one knows for sure) split up between the 201/A and the 202/A watches. And this particular 202/A is even rarer as it is one of 20 that were officially delivered and owned by the Italian Navy's Marina Miliare unit, now that, Tommy, is real history. True Richemont did not have anthing to do with this watch but due to recently falling profits (3 months ago) at Richemont, I don't doubt they will copy this one as well but that would not chaff me, at least I know I own the original.
That is probably the classiest reply I have ever read......
You are full of Class and a true Gentleman Robert
Please don't bother to go low with some

HUGE CONGRATS!
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Old 27 October 2010, 09:05 PM   #30
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Thank you Tommy for all of your kind words. They only made 140 of the 5218-202/A, total. Of the very rare non-matching dials there is supposedly only 30 to 40 non matching dials (no one knows for sure) split up between the 201/A and the 202/A watches. And this particular 202/A is even rarer as it is one of 20 that were officially delivered and owned by the Italian Navy's Marina Miliare unit, now that, Tommy, is real history. True Richemont did not have anthing to do with this watch but due to recently falling profits (3 months ago) at Richemont, I don't doubt they will copy this one as well but that would not chaff me, at least I know I own the original.
Great response!
Wear the watch in good health! It's a true beauty!

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